Upon the sale of the condominium, the capital gains on Person C's sale would be calculated as follows:A. 33.33% of the sale price minus the original purchase price to account for the interest acquired via quit claim deed on July 7 2015.B. 16.66% of the sale price minus the stepped up fair market value on 11/17/2020 as capital gains for the 16.66% remainder interest acquired on 11/17/2020 from Person A.C. 50% of the sale price minus the stepped up fair market value on 01/17/2023 as capital gains for the 50% remainder interest acquired on 01/17/2023 from Person B.Total Capital gains would be the sum of items 3A, 3B and 3C above minus any allowed deductions, such as the home sale costs (closing, repairs and so on).As an individual owned rental property, upon sale the only way to avoid the capital gains would be to do a 1031 exchange and then hold the new property that is purchased for approximately 3 years before selling it. 

If it's a single family home, those are typically valued by similar houses that sold in the area.

My first deal ever last yearI purchased a two property deal in a single hard money loan.

MSI(formerly Arcana) I use them for single family and 2-4s.

So instead of starting with a quad/tri look for a single/duplex that way it’ll be more cost effective.

It is doing much better and has a DSCR ratio of 1.2 now, but if I were to buy it at today's interest rates it would be a seriously negative carry.I'm looking to buy a single-family Subject To with a partner at 500k with a 2.75% underlying loan on almost $400k and it will be just slightly negative at about $-200 a month, but debt paydown is almost $1k a month and I'm sure in a few years the appreciation and rent growth will make it be more than break even. 

You could find a single-family property in a C/C+ neighborhood here in Columbus for $120,000.

More than a week later, the accountant called and informed me that the title company had sent an incorrect check- it had the accounting firm's name, rather than payable to the IRS.

Network and try to find a mentor in these groups or wherever you can to help guide you through this industry.But if your market doesn't provide the cash flow you're lookng for I would check out single family and duplexes in Cleveland, OH that can produce strong cash flow such as 44102, 44109, 44111, and 44135.Go into Zillow under rents and look at days listed and contacts.

It's worth trying if you already have an account since it's free, but I would never rely on it even if I had an account.